Last week, CR Airways was a little-known Hong Kong-based Regional airline flying a trio of CRJs to destinations in China and the Philippines, but it is on the map now thanks to a multibillion-dollar MOU with Boeing covering orders for 10 787s (ATWOnline, Dec. 20) and 30 737-800s. According to a statement from Boeing, the order is expected to be finalized next year, but in the meantime Hainan Airlines has confirmed that it is in talks to acquire 60% of the tiny carrier. According to AFX News ...

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